Well, Subscribe2 doesn't technically send the mail itself -- it sends it through your email address as a bcc to all the members in your subscription list.
What I did was utilize the "Mail Subscribers" option under "write" in the Admin area. This allows you to write an e-mail message directly to subscribers. The other way to use Subscribe2 is, of course, to set up a category or categories that automatically get sent to subscribers when you write a new post.
Everything worked great, except for the formatting of apostrophes and quotation marks, which were preceeded in the text with the \ character. I know that this has something to do with the way PHP handles stringe... but that's where my knowledge ends.
Anyone else hit this, and figured out a solution to get rid of those \ characters?
Thanks again.